The Central Bank will offer $150 million in currency forwards on Monday, to be settled within 60 days, currency traders...
… as CBN set to inject more dollars Deposit money banks recorded a total turnover of $58.54 million...
The Central Bank of Nigeria (CBN) on Sinday reiterated its determination to sustain the provision of foreign exchange with a...
The naira, which reversed its gains on Thursday and Friday last week, is seen to strengthen again this week...
The Central Bank of Nigeria (CBN) has declared as totally untrue the claim by some deposit money banks of shortage...
Some financial experts in Nigeria have asked the government to implement consistent policies that will ensure businesses, especially those...
The ‘fair value’ of the naira should be about N250 to the US dollar, say chief financial officers of major...
Increasing demand for the dollar at the parallel market on Thursday resulted in the rise of the greenback currency to...
… CBN to sell N234.89bn TBs April 6 About 3,137 licensed Bureau De Change (BDC) operators in the...
The Central Bank of Nigeria (CBN) has reviewed down the rate at which it was selling dollars to Bureau De...
The spread between the interbank and parallel market exchange rates fell by $/N53.50 to $/N88.00 at the end of...
Nigeria’s central bank on Monday sold $1.5 million at N306.30 per dollar on the official market, Thomson Reuters data showed,...
The naira gained 1.1 percent to a six-month high of N430 per dollar on the black market on Wednesday, traders...
The cost of dollar may crash further to N400 today after it dropped to N420 on Tuesday at...
The Naira has continued to appreciate against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports....